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Category: Industry

EU Inflation Retreats to 2.8% in June

Brussels: The European Union’s statistics office, Eurostat, announced that annual inflation in the euro area fell to 2.8% in June 2026, down from 3.2% in May, confirming its earlier preliminary estimate.

According to Qatar News Agency, energy prices…

European Stocks End Mixed as UK Index Gains

Doha: European stock markets closed mixed on Friday, with regional shares edging lower as gains in the UK’s benchmark index contrasted with declines across several major continental markets. The pan-European Stoxx 600 index fell 0.34% to close at 641….

European Stock Markets Experience Downturn Amid Global Sell-Off

Doha: European stock markets opened lower today: weighed down by negative performance on Wall Street and continued declines in Asian markets due to a fresh wave of selling in semiconductor stocks.

According to Qatar News Agency, among the major mark…

Kuwait Crude Oil Price Falls by $3.64 per Barrel

Kuwait city: The price of Kuwaiti oil dropped by $3.64 to $81.33 per barrel in Thursday’s trading, compared to $84.97 per barrel in the previous session, according to figures released by the Kuwait Petroleum Corporation (KPC).

According to Qatar New…

Oil Prices Rise amid Renewed Tensions in Middle East

Doha: Oil prices rose on Friday amid renewed tensions between the United States and Iran and concerns about disruptions to crude supplies through the Strait of Hormuz. Brent crude futures rose $1.05, or about 1.25 percent, to $85.28 a barrel in Asian …

US Stocks Close Lower

New york: The main indices on Wall Street exchange closed lower Thursday.

According to Qatar News Agency, the S and P 500 fell 37.78 points, or 0.50 percent, to 7,534.62. The Nasdaq Composite dropped 383.76 points, or 1.47 percent, to 25,885.47. The…

Oil Prices Decline as Brent Crude Falls to $84.95 per Barrel

Georgetown: Oil prices turned lower on Thursday after paring their early gains, as traders took profits. Brent crude futures slipped 24 cents, or 0.28%, to $84.95 a barrel, while US West Texas Intermediate futures were down 15 cents, or 0.19%, to $79….

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